In a pilot project on Environmental Stress Testing, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the Natural Capital Finance Alliance (NCFA), have developed an analytical framework and tool that allows banks to quantify and assess the potential impact of drought events on the performance of their corporate loan portfolio. The project has been funded by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ).
The Environmental Stress Testing Tool has been successfully tested and developed with 9 partner banks from Brazil, China, Mexico and the United States and will be launched at the following events. UNEP FI members interested in attending, should register as shown below:
07 March 2017 – Mexico City – For registration please contact d.carreira@globalcanopy.org. Agenda in English here.
10 March 2017 – Sao Paulo – For registration please go here.
14 March 2017 – Beijing – For registration please contact Alex Morrice a.morrice@globalcanopy.org. Agenda in English here. Agenda in Chinese here.
17 March 2017 – New York – for registration please go here.
05 April 2017 – London – Report Launch – for registration please go here.
Speakers will include representatives from the financial institutions involved in the project: Industrial and Commercial Bank of China, Brazil’s Caixa Econômica Federal, Itaú, Santander, Mexico’s Banorte, Banamex, and Trust Funds for Rural Development (FIRA), UBS in Switzerland and Citigroup in the US. Also speaking at the events will be members of the project team from Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), the Natural Capital Finance Alliance, and UNEP Finance Initiative.